Revenue and Profitability - Revenue for Q3 2024 reached ¥160,917,236.99, an increase of 19.40% year-over-year, while year-to-date revenue was ¥443,942,597.69, up 30.29% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥36,043,662.41, a slight decrease of 1.19% year-over-year, with year-to-date net profit at ¥114,974,638.52, an increase of 21.29%[3] - Basic earnings per share for Q3 2024 was ¥0.58, down 19.44% year-over-year, while year-to-date basic earnings per share was ¥2.10, up 12.90%[3] - The company reported a 30.29% increase in year-to-date revenue, primarily due to an increase in sales orders and sales scale[7] - The company’s net profit margin for the year-to-date period improved, with net profit attributable to shareholders increasing by 21.29% compared to the same period last year[3] - Net profit for the period was ¥120,003,124.69, representing a 22.2% increase from ¥98,208,391.73 in the same quarter last year[22] - The total comprehensive income for the period reached CNY 119,438,808.61, compared to CNY 98,910,113.57 in the previous period, representing an increase of approximately 20.5%[23] Assets and Financial Position - Total assets as of September 30, 2024, amounted to ¥1,293,076,977.55, representing a 106.46% increase from the end of the previous year[3] - The company's total assets as of September 30, 2024, were ¥1,293,076,977.55, significantly higher than ¥626,320,976.80 at the beginning of the year[20] - Current assets totaled ¥1,074,147,856.26, a substantial increase from ¥452,282,750.46 at the start of the year[18] - The company's equity attributable to shareholders reached ¥1,108,735,084.58, up from ¥535,447,629.78, a growth of 106.8%[20] Cash Flow - The company’s cash flow from operating activities for the year-to-date period was ¥199,974,270.11, reflecting a significant increase of 73.02%[3] - The net cash flow from operating activities for the first nine months of 2024 was ¥199,974,270.11, an increase of 73.02% compared to ¥115,577,442.19 in the same period of 2023[10] - The company generated CNY 443,784,961.63 in cash inflows from operating activities, significantly higher than CNY 282,219,307.69 in the prior year, representing a growth of approximately 57.2%[24] - Cash and cash equivalents at the end of the period totaled CNY 274,824,884.35, compared to CNY 190,618,946.30 at the end of the previous period, marking an increase of about 44.2%[25] - The net cash flow from investing activities was -¥516,372,090.85, a significant decrease of 871.05% from -¥53,176,850.43, primarily due to increased purchases of financial products[10] - The net cash flow from financing activities reached ¥463,439,155.82, a dramatic increase of 38,744.08% compared to -¥1,199,250.00, mainly due to funds raised from the initial public offering[10] - The net cash flow from financing activities was CNY 463,439,155.82, a significant improvement from CNY -1,199,250.00 in the same period last year[25] Shareholder Information - The company had a total of 13,864 common shareholders at the end of the reporting period, with the top ten shareholders holding a combined 87.76% of shares[11] - Zhang Wanwu, the largest shareholder, holds 29.46% of the shares, amounting to 20,035,954 shares[11] - The top ten shareholders include significant stakes from Zhang Ziheng and Guo Yanzhi, holding 19.83% and 18.64% respectively[11] - The company has no changes in the number of restricted shares for major shareholders during the reporting period[14] Initial Public Offering and Future Plans - The company completed its initial public offering of 17 million shares on July 22, 2024, and was listed on the Shenzhen Stock Exchange[15] - The company plans to expand its market presence and enhance product development following the successful IPO[16] Expenses and Costs - The company experienced a 74.77% increase in selling expenses, totaling ¥6,451,020.41, attributed to higher advertising and personnel costs[9] - Total operating costs amounted to ¥306,262,340.46, up 35.2% from ¥226,397,649.38 year-on-year[21] - Research and development expenses for the quarter were ¥20,648,168.00, an increase from ¥17,133,925.40, showing a growth of 20.5%[22] Foreign Exchange Impact - The company reported a foreign exchange loss of -¥2,246,055.76 due to fluctuations in the US dollar exchange rate[10] - The company experienced a foreign exchange impact on cash and cash equivalents of CNY -2,246,055.76 during the period[25]
科力装备(301552) - 2024 Q3 - 季度财报